Press Center

Westbrook, Maine—June 7, 2024—Maine Community Bank is pleased to announce the addition of Deborah Roy to its’ Board of Directors. Roy is an Occupational Safety and Health Keynote Speaker and Principal of SafetySpeaks, as well as a business owner and President of SafeTech Consultants, Inc., Roy has consulted on global safety and health management systems, […]

Westbrook, Maine – May 16, 2024 – To help at-risk teens have access to a safe space with the resources that they need to thrive, the Biddeford and Mechanics Savings Charitable Foundation approved a donation of $30,000 to My Place Teen Center, a nonprofit organization located in Biddeford and Wesbrook that provides the youth with […]

Westbrook, Maine – February 6, 2024 – 2 in 5 children in Maine are at risk for hunger. To help children access the nutrition they need to thrive, the Biddeford and Mechanics Savings Charitable Foundation approved a donation of $5,000 to The Locker Project, a nonprofit organization that provides more than forty Greater Portland schools, preschools, […]

Westbrook, Maine — January 8, 2024 — Maine Community Bank is pleased to announce the addition of Sam Rotondo as Assistant Vice President, Residential Loan Officer. Rotondo is responsible for originating residential mortgage loans and will be serving Greater Portland and Brunswick. “I am looking forward to being in a position to best help my […]

Jeanne Hulit, President & CEO of Maine Community Bank, recently joined Maine Real Estate & Development Association (MEREDA) on their monthly podcast “MEREDA Matters” where she and Steve deCastro, President & CEO of Gorham Savings Bank, spoke regarding our merger of equals. Check it out: MEREDA Matters Episode 13          

            Westbrook, Maine – December 28, 2023 – According to data from Feeding America, 1 in 10 Mainers face hunger; and of those, 1 in 7 children. To help alleviate hunger issues in the community, Maine Community Bank is taking decisive action. Through the Biddeford and Mechanics Savings Foundation, Maine […]

The two 150-year-old financial services institutions will better serve customers, employees, and the community together BIDDEFORD, Maine and GORHAM, Maine, December 7, 2023 — Maine Community Bancorp, MHC, the parent mutual holding company for Maine Community Bank (“Maine Community Bank”), and Gorham Bancorp, MHC, the parent mutual holding company for Gorham Savings Bank (“Gorham Savings […]

Westbrook, Maine – November 21, 2023 – To support some of the most vulnerable individuals throughout the state, The Biddeford and Mechanics Savings Charitable Foundation delivered a donation of $10,000 to Sweetser, a community mental health organization whose mission is to provide quality treatment, support, and hope to children, families, and adults through a network of […]

Westbrook, Maine – To support families displaced by a recent fire at Perryman Village in Brunswick, The Biddeford and Mechanics Savings Charitable Foundation approved a donation of $5,000 to Brunswick Housing Authority, a community organization that owns and operates Perryman Village where five townhouse units were left unhabitable due to a recent fire. The Brunswick […]

Westbrook, Maine—May 1, 2023—Maine Community Bank is pleased to announce the addition of Jeanette Garvilles as Vice President, Senior Business Banker. Garvilles is responsible for promoting Maine Community Bank in the small business community and will be based in the Biddeford Main Street Branch. “I am looking forward to working closely with the clients in […]

Westbrook, Maine—May 1, 2023—Maine Community Bank is pleased to announce the addition of Cecilia Estrada as Assistant Vice President, Residential Loan Officer. Estrada is responsible for originating residential mortgage loans and will be based in Westbrook. “I believe people do three huge things that change their lives; they get married, have children, and buy a […]

Westbrook, Maine – April 28, 2023 – To support some of the most vulnerable individuals throughout the state, The Biddeford and Mechanics Savings Charitable Foundation approved a donation of $30,000 to Tedford Housing, a community organization with a central belief that everyone deserves to have a safe and affordable home. Tedford Housing provides emergency homeless […]

WESTBROOK, ME – Maine Community Bank recently announced new roles within the Commercial Lending Department as well as promotions of two employees. Jeffrey Gosselin was promoted to Senior Vice President, Chief Commercial Officer. He will be responsible for overseeing the commercial and cash management teams that serve our primary markets in both central and southern […]

March 13, 2023 To our Maine Community Bank customers: With the recent collapse of a select few publicly traded specialty banks, customers have asked if there is reason to be concerned about their deposits and the stability of the financial sector. First and most importantly, your deposits with Maine Community Bank are safe and secure.  […]

Westbrook, Maine – December 22, 2022 – According to data from Feeding America, over 139,000 Mainers are facing hunger and one out of six are children.  To help alleviate hunger issues in the community, Maine Community Bank is taking decisive action. Through its charitable foundation, the Biddeford and Mechanics Savings Foundation, a donation of $50,000 […]

Westbrook, Maine – August 15, 2022 – To support some of the most vulnerable individuals throughout the state, The Biddeford and Mechanics Savings Charitable Foundation delivered a donation of $10,000 to Sweetser, a community mental health provider offering services to people of all ages in mental and behavioral health, intellectual and developmental disabilities, recovery, and […]

Westbrook, Maine—July 11, 2022—Maine Community Bank is pleased to announce the addition of Anna Astvatsaturian Turcotte as Senior Vice President, Director of Compliance. Turcotte is responsible for the oversight of the Compliance and Internal Audit Programs at Maine Community Bank and will be based in Westbrook. “I am honored to contribute to the work of […]

Biddeford, Maine—June 1, 2022—Maine Community Bank is pleased to announce that Jahnna Steindl has accepted the opportunity to oversee the Main Street Branch of Biddeford Savings in Biddeford. Steindl has been with the bank since July of last year and was most recently Vice President, Branch Manager of the new Westbrook branch of Biddeford Savings. […]

Westbrook, Maine—May 13, 2022—Maine Community Bank is pleased to announce the addition of Ryan Wing as Senior Vice President, Chief Information Officer. Wing is responsible for overseeing IT systems and security at Maine Community Bank and will be based in Westbrook. “I am excited for the opportunity to serve our community, looking to future technologies […]

Brunswick, Maine – February 25, 2022 – Maine Community Bank is celebrating the opening of its’ new Mechanics Savings branch located at Cook’s Corner in Brunswick. After nine years of being located in downtown Brunswick, the brand new 2,992 square foot full-service branch is now open at 27 Gurnet Road, conveniently located near Brunswick Landing, […]

Westbrook, Maine – February 4, 2022 – To help keep young people safe and on a path to success, The Biddeford and Mechanics Savings Charitable Foundation delivered a donation of $10,000 to My Place Teen Center, an after-school program where kids receive help, love, food, and programming that addresses their unique needs. The Teen Center’s […]

Westbrook, Maine—January 26, 2022— Maine Community Bank is pleased to announce the addition of Lisa Hughes as Vice President, Senior Business Banking Officer III. Hughes will be responsible for developing small business relationships and expanding existing relationships in the Westbrook and Windham areas. “We are fortunate to have Lisa join us to bring her experience […]

Biddeford, Maine—October 12, 2021— Maine Community Bank is pleased to announce the addition of Susan Mellon as Executive Vice President, Customer Experience and Market Expansion. Mellon will be responsible for overseeing the bank’s retail banking, residential mortgage lending, and marketing efforts. “We are fortunate to have Susan join us to bring her leadership, sales and management […]

Scarborough, Maine – July 28, 2021 – Biddeford Savings, a division of Maine Community Bank, recently donated $1,000 to the Scarborough Public Library to fund Story Walks; a series of illustrations posted sequentially on signboards along a path outdoors. In this time when children are unvaccinated and the Scarborough Public Library cannot yet provide traditional, […]

Inspiring fund-raiser and volunteer. SCARBOROUGH, ME, JUNE 2021, Maggie Amann, Scarborough High School senior, recently received a $2,500 Mainely Character Scholarship, awarded annually to Maine high school seniors who demonstrate responsibility, integrity, courage, and exemplary concern for others. Maggie was selected from 375 scholarship applicants statewide; Biddeford and Mechanics Savings Charitable Foundation sponsored her scholarship. […]

Saco, Maine—May 18, 2021—The Ecology School hosted representatives from Maine Community Bank on Tuesday for a ribbon-cutting at the new three-wing dormitory on the River Bend Farm campus. Maine Community Bank, through their Biddeford and Mechanics Savings Charitable Foundation, recently pledged $10,000 toward the River Bend Farm project. The donation includes the naming of one […]

For the first time ever, the majority of the Federal Reserve Bank of Boston’s board of directors are female. Our President & CEO, Jeanne Hulit, joined the Boston Fed board in January and recently participated in a panel with her fellow female directors for Women’s History Month. Read the story on the Boston Fed website

Mainebiz recently published an article about bank expansion in Southern Maine, including Maine Community Bank’s new branch and operations center being built in Westbrook and a larger branch being built in Brunswick. Hear from Jeanne Hulit, Maine Community Bank President & CEO, about her outlook on the banking landscape and how Maine Community Bank plans […]

Our President & CEO, Jeanne Hulit, was recently featured on News Center Maine regarding the second round of PPP loans for Maine businesses. Read the article

AUBURN, ME– Mechanics Savings, a Division of Maine Community Bank, recently promoted Joline Dubuc to assistant vice president, branch manager and loan officer based out of the Lewiston branch. Dubuc joined Mechanics Savings in 2015 as a teller in the Lewiston branch. She moved to the Auburn branch shortly after to be a customer service […]

AUBURN, ME–Maine Community Bank recently hired David Stolt as Vice President, Mortgage Risk and Compliance Officer based out of the Auburn executive office. Stolt comes to Maine Community Bank from Northeast Bank, bringing his expertise as a consumer lending compliance officer. In his role as risk and mortgage compliance officer, he is responsible for the […]

The Federal Reserve Bank of Boston announced today that Jeanne Hulit, president and CEO of Maine Community Bank, has been elected as a Class A director, beginning January 1, 2021. We are proud to have Jeanne represent Maine banks as she helps govern an organization that prioritizes sound growth and financial stability in New England […]

BIDDEFORD, ME–Biddeford Savings, a Division of Maine Community Bank, recently hired Marjorie McAvoy as assistant vice president, branch manager of the branch location in Scarborough. McAvoy comes to Biddeford Savings from Androscoggin Bank, bringing over 15 years of experience in the banking industry. In her new role as branch manager, she is responsible for client […]

Gender roles in bank leadership have traditionally been dominated by men, even though nearly half of bank employees are female. Maine banks, including Maine Community Bank, are working to close the gender gap by diversifying their boards of directors and their leadership teams. We are very fortunate to work for a bank that prioritizes gender […]

Maine Community Bank’s own Abi Arsenault, Residential Loan Officer, and Christopher Madura, Customer Service Representative, spoke to NEWS CENTER Maine’s Vivien Leigh about how low mortgage rates are driving homebuying and refinancing activity in Maine, from the perspective of a mortgage lender and a new homeowner: Refinance and mortgage loans booming in Maine | newscentermaine.com

Seen as Economic Boost to Community Maine Community Bank Ground Breaking from City of Westbrook, Maine on Vimeo October 7, 2020—Biddeford, Maine—Shovels will dig out dirt, in unison, on October 7 at the site of what will be a state-of-the-art operations center for Maine Community Bank on Larrabee Road in Westbrook.  The 23,000 square foot, […]

1 in 7 Mainers is food insecure; 1 in 5 Children in Maine don’t have enough to eat Biddeford, Maine—September 28, 2020—In an unprecedented time of need, the newly formed Biddeford and Mechanics Savings Charitable Foundation is pledging funds to assist food insecure and homeless children and adults in Maine.  The Foundation has approved a […]

July 22, 2020 – BIDDEFORD, ME– Biddeford Savings, a Division of Maine Community Bank, recently hired Jennifer Sirois as vice president, commercial loan officer III based out of the Business Banking Center in Biddeford. Sirois comes to Biddeford Savings from TD Bank, bringing over 20 years of banking experience, including over 15 years in commercial […]

Focus on COVID19 Relief and Inequality Issues among Youth  Biddeford, Maine—July 21, 2020—Maine Community Bank President and CEO Jeanne Hulit announced Wednesday the bank, and its Biddeford Savings and Mechanics Savings divisions, has created a charitable foundation to unite and support the communities they serve.  “Both Biddeford Savings and Mechanics Savings have been strong community […]

June 22, 2020 – BIDDEFORD, ME – Maine Community Bank, through its divisions Biddeford Savings and Mechanics Savings, has pledged to support local small businesses hit hard from the COVID19 pandemic through a gift card campaign. Beginning Monday, businesses in Biddeford, Old Orchard Beach, Waterboro, Kennebunk, Auburn, Lewiston, and Brunswick will be handing out $10 […]

BIDDEFORD AND AUBURN, ME – April 13, 2020 – To answer a growing need for food and sustenance, Maine Community Bank and its divisions, Biddeford Savings and Mechanics Savings, has contributed $20,000 to food pantries in each of their branch communities. “At a time when schools are closed and unemployment is on the rise, we […]

March 26, 2020 – PORTLAND, ME – Members of the Maine Immigrant Prosperity Network (MIPN) and ProsperityME met via zoom on Tuesday, March 24, 2020 to discuss how to best support the immigrant community during the health crisis presented by coronavirus. Maine Community Bank and its divisions, Biddeford Savings and Mechanics Savings, are among the […]

January 16, 2020 – BIDDEFORD AND AUBURN, ME – Centered on an unwavering commitment to the local communities they serve, Biddeford Savings and Mechanics Savings recently donated a total of $22,500 to local food pantries in their market areas to help fight the issue of food insecurity. Maine ranks 12th in the nation for food insecurity. […]

January 2, 2020 – AUBURN & BIDDEFORD, ME – On January 1, 2020, Biddeford Savings and Mechanics Savings Bank merged under a single banking charter becoming Maine Community Bank. Biddeford Savings and Mechanics Savings will retain their names as divisions of the new Maine Community Bank. The merger of these two community banks creates an […]

May 16, 2019 – AUBURN, ME – Maine Community Bancorp, the mutual holding company of Biddeford Savings and Mechanics Savings Bank, is pleased to announce that Suzanne M. Carney has joined the team as Senior Vice President, Director of Human Resources. Carney comes to Maine Community Bancorp with over 25 years of experience in human […]

Apr 18, 2019 – Biddeford Savings and Mechanics Savings announced that the organizations have filed a merger application with regulators to operate under a single charter as Maine Community Bank. Biddeford Savings and Mechanics Savings will maintain their respective brand identities, as well as local decision making, while operating as divisions of Maine Community Bank. […]

Mar 11, 2019 – Maine Community Bancorp, the mutual holding company that owns Mechanics Savings Bank and Biddeford Savings Bank, recently announced the promotion of five employees. Marcus Buzulchuck was promoted to vice president, branch manager of the Biddeford Savings office in Kennebunk. Buzulchuck started his career with Biddeford Savings in 2011 as a customer […]

BIDDEFORD, ME–Jan 18, 2019 – As the government shutdown continues with no end in sight, Biddeford Savings and Mechanics Savings are committed to providing relief to federal employees and contractors who are experiencing financial hardships due to loss of income. “As a community bank, we’re committed to supporting our customers through all of their ups […]

January 3, 2019 – AUBURN, ME – Maine Community Bancorp, the mutual holding company that owns Mechanics Savings and Biddeford Savings, recently announced that the minimum wage for full-time employees will increase to $15 per hour. The increase, which took effect January 1, 2019, is part of Maine Community Bancorp’s commitment to being an employer of choice […]

Aug 22, 2018 – BIDDEFORD, ME – Biddeford Savings hosted their annual Furry Friends campaign to collect pet supplies and cash donations for the Animal Welfare Society. Each summer for the past several years, Biddeford Savings has hosted a Furry Friends campaign to collect pet supplies and cash donations for the Animal Welfare Society. During the […]